CoinDesk·3 min read·medium
Crypto VC Paradigm launches $1.2 billion AI fund as it broadens beyond digital assets: BBG
H
Helene Braun
✦AI Summary
Crypto venture firm Paradigm has launched a $1.2 billion fund focused on artificial intelligence and defense technology. While the firm remains committed to digital assets, it is diversifying its portfolio to include high-growth sectors like autonomous drones and space defense.
The firm's third venture fund reflects growing interest in AI and defense technology, though it does not signal an exit from digital assets.
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